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Last Updated: Tue, Jul 28 2015 | 10:02 AM |
US firm to pay $17.1m penalty over Kuwait bribery scandal
Banking & Finance»

US firm to pay $17.1m penalty over Kuwait bribery scandal

Tuesday, 28 July 2015 2:02 PM

Former Dubai executive of Louis Berger Int'l also pleads guilty to conspiracy relating to bribery violations

Markets fall after oil hits four-month low
Markets»

Markets fall after oil hits four-month low

Sunday, 26 July 2015 7:18 PM

Brent and US crude futures posted their fourth straight weekly decline on Friday

Kuwaiti MPs head to UK to check on SWF's London office
Banking & Finance»

Kuwaiti MPs head to UK to check on SWF's London office

Saturday, 25 July 2015 2:13 AM

Lawmakers keen to 'investigate happenings' in London and will remain in capital city until August

Kuwait increases Al Zour refinery budget to $16bn
Energy»

Kuwait increases Al Zour refinery budget to $16bn

Wednesday, 22 July 2015 9:45 AM

The 615,000 barrels per day oil refinery would be the biggest in the Middle East

Kuwait committee to visit London for sovereign fund probe
Banking & Finance»

Kuwait committee to visit London for sovereign fund probe

Monday, 13 July 2015 3:45 PM

Kuwait Investment Authority is one of the world's biggest sovereign funds and is believed to manage about $592bn

Bahrain's Gulf Finance House considers Saudi listing, Kuwait delisting
Banking & Finance»

Bahrain's Gulf Finance House considers Saudi listing, Kuwait delisting

Wednesday, 8 July 2015 11:44 AM

Investment firm said in April it would delist its global depositary receipts in London but would keep its other listings

Kuwait-backed Aston Martin in talks about returning to F1
Sport»

Kuwait-backed Aston Martin in talks about returning to F1

Monday, 6 July 2015 2:33 PM

UK car firm backed by Investment Dar is reportedly in discussions with Red Bull Racing

Kuwait's Al Ahli gets regulator's nod to buy Piraeus Bank Egypt
Banking & Finance»

Kuwait's Al Ahli gets regulator's nod to buy Piraeus Bank Egypt

Monday, 6 July 2015 1:50 PM

Bank receives approval from the Gulf state's central bank; says will pay $150m for 98.5% stake

Kuwait assembly approves 2015-16 budget, $27bn deficit
Politics & Economics»

Kuwait assembly approves 2015-16 budget, $27bn deficit

Wednesday, 1 July 2015 5:25 PM

Deficit assumes an oil price of $45 per barrel; expected to tighten if oil prices trade in mid-$60s range

Kuwait's UPAC confirms $224m Reem Mall investment
Banking & Finance»

Kuwait's UPAC confirms $224m Reem Mall investment

Saturday, 27 June 2015 1:26 AM

Company will invest in Abu Dhabi's new $1bn Reem Mall project which is set to open in 2018

Kuwait's Investment Dar loses appeal against lifting of legal protection
Banking & Finance»

Kuwait's Investment Dar loses appeal against lifting of legal protection

Sunday, 21 June 2015 5:33 PM

Aston Martin stakeholder says it will review options with advisors following ruling by Kuwaiti court

Gov't to retain 75% stake in Kuwait Airways under new plan
Transport»

Gov't to retain 75% stake in Kuwait Airways under new plan

Sunday, 7 June 2015 7:33 PM

Transport minister says 20% will be offered to Kuwaiti citizens, 5% to current and retired employees

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Kuwait oil giant set to see 36% slump in revenues on cheap oil
Energy»

Kuwait oil giant set to see 36% slump in revenues on cheap oil

Sunday, 7 June 2015 2:57 PM

Kuwait Petroleum Corporation is forecast to see $52bn revenues in fiscal year 2015/16, says lawmaker

Kuwaiti minister to pay $31m bonuses despite looming budget deficit
Banking & Finance»

Kuwaiti minister to pay $31m bonuses despite looming budget deficit

Wednesday, 3 June 2015 1:48 PM

Minister of Public Works, Electricity and Water reportedly says 13,000 public sector staff will get pre-Ramadan bonuses

Kuwait's Al Kharafi Group appoints new chairman
Banking & Finance»

Kuwait's Al Kharafi Group appoints new chairman

Sunday, 31 May 2015 6:07 PM

Firm run by one of Gulf state's most prominent merchant families has appointed Fawzi al-Kharafi as chairman


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King's changes make Saudi policy less predictable

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